Our Blog
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Why Do Canadians Use Credit Cards So Much?
Canadians often find themselves in the top 10, but never first: Today, we’ve found something that Canada finally ranks first in, credit card penetration rate at a whopping 83%! But, why is this the case? Is it even a good thing? Let’s explore. Source: The World Bank Before we talk about why, let’s first clarify…
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What to Do If Your Credit Card is Stolen
Having your credit card stolen can be a stressful experience, but knowing the right steps to take can help you minimize the damage and protect your finances. This comprehensive guide will walk you through the essential actions you should take immediately after discovering your credit card has been stolen. 1. Stay Calm and Assess the…
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Neo Financial to Release a World Elite Mastercard
Neo Financial is making waves with the launch of their new World Elite Mastercard. This latest offering combines the traditional benefits of a World Elite Mastercard with Neo Financial’s unique perks, promising a compelling new option in Canadian’s credit card portfolio. The Basics Here’s a breakdown of what this new card brings to the table:…
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Using Credit Cards While Travelling: Tips and Tricks
Traveling can be an exciting experience, but managing your finances abroad requires careful planning, especially when it comes to using credit cards. This guide will provide you with some tips and tricks to help you use your credit cards safely while traveling. Before You Travel Choose the Right Credit Card Not all credit cards are…
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A Beginner’s Guide to Credit Card Interest Rates: Understanding the Basics
Credit card interest rates can be confusing and intimidating for many consumers. It’s essential to understand what they are and how they work to avoid falling into credit card debt. In this article, we’ll take a closer look at credit card interest rates, the different types, how they are calculated, and the factors that affect…
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A Comprehensive Guide on Aeroplan Co-Branded Credit Cards
In Canada, the options for airline rewards programs are limited to just two major players: Aeroplan and WestJet Rewards. Among them, Aeroplan stands out as the dominant program thanks to its robust partnerships with StarAlliance airlines and other partners, giving travelers access to an expansive network of destinations worldwide. One of the key benefits of…
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Are Premium Credit Cards Really Worth It?
Credit cards are ubiquitous in Canada, with over 70% of the population using them regularly. Among the many credit card options available, premium credit cards stand out due to their exclusive benefits and rewards. But are they worth paying hundreds of dollars a year for? Let’s take a closer look. What are Premium Credit Cards?…
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The Most Overpowered Credit Card in Canada — American Express Cobalt Review
The American Express Cobalt card has been frequently referred to as the “most overpowered card” in Canada. We tend to agree, let’s find out why. If you prefer, we also have a video discussing the card on our YouTube channel which you can check. The card was originally introduced in 2017, becoming Canada’s first “lifestyle”…
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American Express Revamps Welcome Offers for Platinum and Gold Cards
As Spring has rolled in, American Express has taken the opportunity to refresh its welcome offers for two of its most popular credit cards. American Express Platinum The American Express Platinum card has had some changes to its bonus structure, now offering 80,000 MR points (or 90,000 with a referral) when you spend $7,500 within…
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The Tiers of Chequing Accounts
Chequing accounts are the most popular financial product used by millions of people around the world. They are arguably an essential for Canadians today, offering a convenient way to manage daily expenses, pay bills, and make purchases. But not all chequing accounts are created equal. Banks and financial institutions often offer different tiers of chequing…